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How to specify the limit offset in ATM strategy when using "stop limit for stop loss"

How to specify the limit offset in ATM strategy when using "stop limit for stop loss"

When an ATM strategy uses a Stop Limit order to act as a Stop Loss that order will have a 20 tick offset between the Stop and Limit prices. Unfortunately, there is no way to specify another offset for ATM Strategy Stop Limit orders.

So does that mean in NT8 it's still 20 tick offset between the Stop and Limit prices and there is no way to specify it? If so, it's really unreasonable, for example, my strategy based on 1min needs the offset is 0 or 1, 20 tick is too huge!

Anyway to set it through code? or will you consider adding offset configuration in the future?

I can call either method to change the StopLoss order to make it's limitPrice the same as stopPrice after StartAtmStrategy or in the OnOrderUpdate event handler, do u think it's workable? I haven't tried them yet...

But for the 2nd method, how can I get the atmStrategyId? I browsed the AtmStrategy class, there's no such property in it.

Comment

I am a long time trader, but a novice with NinjaScript. I spent considerable time programming a functional ATM strategy, but when using it with a stoplimit order I found I was often getting slippage by many ticks. This kills this effort and I hope that the fix talked about below can take place soon. ( Using Ninja 7)

Comment

I just got hit with huge slippage yesterday, using stop limit, thinking I was using a 1 offset in the ATM. I would have got filled at my limit price less than a second later, if it had worked as I belived it did. Checking log files, I could not understand how 'stop limit' got filled so far from my price. Please add my vote for this feature. Incredibly misleading calling it a stop limit when trading some instruments, when you have a 20 tick hard coded offset !

Comment

I would like to ask a question on he subject of stops. Day before yesterday I used a sell stop to enter a trade short on ES. I got a two point (eight tick) slippage, so this was a bad mistake on my part. But would have a sell stop limit been any better? (preventing the entry happening at all? In ATM properties I have set stop limit offset to 2. Does this represent 2 POINTS or 2 TICKS? Some clarification would be appreciated. (Using ver 7 by the way )

Comment

I've added your vote to SFT-1382. As with all feature requests, interest is tracked before implementation is considered, so we cannot offer an ETA or promise of fulfillment. If implemented, it will be noted in the Release Notes page of the Help Guide.

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